Property summary
This exceptional 3,755-square-foot retail condominium at 25 Broad Street in New York City's Financial District presents a remarkable investment opportunity. Located in a high-traffic area, this property boasts a prime location with excellent visibility and accessibility. Previously occupied by a high-end clothing retailer, the space is currently vacant and ready for immediate occupancy, minimizing upfront renovation costs. The unit is comprised of ground-level and mezzanine space, offering versatile layout options for a variety of retail uses. The asking price is $3,525,000, translating to a price per square foot of $938.75. The property's convenient location offers easy access to multiple subway lines, including the Rector Street, Wall Street, and Broad Street stations, all within a four-minute walk. This location benefits from proximity to prestigious neighboring businesses such as Hermes, Tiffany & Co., and Cipriani, ensuring high foot traffic and brand synergy. The property is a single unit within a single building, identified by APN 25-1003. This turnkey retail space is ideal for owner-occupancy or an investor seeking a strong return in a highly desirable Manhattan submarket. The property is a retail condo, offering the benefits of ownership without the responsibilities of managing a larger building.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Hair Salon Nail Salon
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Photography Service (Bike/Boat/Book/etc) Store
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Clothing & Fashion Store
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Media Distribution
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C5-5 · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning